REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,600,000
Est. payment | /mo
$ 4,600,000
Est. payment | /mo
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25261999
HOA Y/N No
Year Built 1960
Property Sub-Type Apartment
Property Description
Pleased to present this exceptional coastal investment opportunity in San Clemente's coveted Pier Bowl. This rare 7-unit apartment complex offers investors the perfect blend of prime location, turnkey condition, and income growth potential.
Just steps from the sand, pier, and Avenida Del Mar (downtown), the property features ocean views from most units and an unbeatable walkable lifestyle that consistently drives tenant demand. Each two-bedroom, one-bath unit has been tastefully upgraded featuring new kitchens with modern cabinetry, stainless steel appliances, stylish tile backsplashes, and contemporary flooring throughout. The bathrooms have been fully remodeled with new vanities, tile surrounds, and shower/tubs while the building itself has been meticulously maintained with a newer roof, dual-pane windows, and fresh exterior paint—minimizing capital expenditures. Several units offer private balconies, and all benefit from covered carport parking. With approximately 26% rental upside, this is an extraordinary chance to acquire a low-maintenance coastal multifamily asset in one of Southern California's most desirable beachside submarkets.
Just steps from the sand, pier, and Avenida Del Mar (downtown), the property features ocean views from most units and an unbeatable walkable lifestyle that consistently drives tenant demand. Each two-bedroom, one-bath unit has been tastefully upgraded featuring new kitchens with modern cabinetry, stainless steel appliances, stylish tile backsplashes, and contemporary flooring throughout. The bathrooms have been fully remodeled with new vanities, tile surrounds, and shower/tubs while the building itself has been meticulously maintained with a newer roof, dual-pane windows, and fresh exterior paint—minimizing capital expenditures. Several units offer private balconies, and all benefit from covered carport parking. With approximately 26% rental upside, this is an extraordinary chance to acquire a low-maintenance coastal multifamily asset in one of Southern California's most desirable beachside submarkets.
Location
State CA
County Orange
Area Sc - San Clemente Central
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 7
Pool None
Community Features Biking, Fishing, Sidewalks, Water Sports
Total Parking Spaces 7
Private Pool No
Building
Lot Description Rectangular Lot
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 69202604
Energy Description 271.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in San Diego, CA
- Homes For Sale in Escondido, CA
- Homes For Sale in El Cajon, CA
- Homes For Sale in Carlsbad, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in San Marcos, CA
- Homes For Sale in Ramona, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in La Mesa, CA
- Homes For Sale in Santee, CA
- Homes For Sale in Poway, CA
- Homes For Sale in Pacific Beach, San Diego, CA
- Homes For Sale in Rancho Bernardo, San Diego, CA
- Homes For Sale in University City, San Diego, CA
- Homes For Sale in Alpine, CA
- Homes For Sale in Carmel Valley, San Diego, CA
- Homes For Sale in Clairemont Mesa East, San Diego, CA
- Homes For Sale in San Diego Country Estates, CA
- Homes For Sale in Mission Valley East, San Diego, CA
- Homes For Sale in Serra Mesa, San Diego, CA
- Homes For Sale in Rancho Penasquitos, San Diego, CA
- Homes For Sale in Tierrasanta, San Diego, CA
- Homes For Sale in Scripps Ranch, San Diego, CA
- Homes For Sale in Bay Park, San Diego, CA
- Homes For Sale in Golden Hill, San Diego, CA
- Homes For Sale in Bay Ho, San Diego, CA
- Homes For Sale in Allied Gardens, San Diego, CA
- Homes For Sale in Morena, San Diego, CA
- Homes For Sale in Normal Heights, San Diego, CA
- Homes For Sale in Clairemont Mesa West, San Diego, CA
- Homes For Sale in Talmadge, San Diego, CA
- Homes For Sale in Mission Valley West, San Diego, CA
- Homes For Sale in Del Cerro, San Diego, CA
- Homes For Sale in Sabre Springs, San Diego, CA
- Homes For Sale in Carmel Mountain, San Diego, CA
- Homes For Sale in StoneCrest Village, San Diego, CA
- Homes For Sale in Fairmont Park, San Diego, CA
- Homes For Sale in City Heights Park, San Diego, CA